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“The significance of this large volume can be positive, as it indicates liquidity and market validation,” said Ghergelas. “However, there are also potential negatives, as high volumes on Blend could increase the price volatility, impacting market stability and making it difficult for traders to predict price movements accurately.” Source
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The tool, launching on Friday, will initially support Ethereum loans and NFTs from Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections. Original Source
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BAYC and Mutant Ape Yacht Club (MAYC), another collection from the same creators, logged a cumulative volume of $9 million. ImmutableX-based Gods Unchained clocked $4 million in volumes, while the controversial Milady collection saw $3 million worth traded. Source
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NFTs can also be used by hosts to "configure avatars, assign moderator permissions, and more." When combined with Brave’s browser-native Brave Wallet, the tools "create the first-ever fully integrated Web3 live event platform, combining browser, wallet and video," the company wrote in a blog post. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Data shows that the trading volume of Bitcoin (BTC) non-fungible tokens surpassed that of popular blockchains like Solana, Mythos, and Polygon in the last 30 days. Bitcoin’s new fame in digital collectibles can be attributed to
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The monthly trading volume of nonfungible tokens (NFTs) and memecoins on Bitcoin in May surpassed Solana’s volume, according to data from CryptoSlam. Bitcoin ordinals trading volume currently stands in second place behind Ethereum, which did $393 million in NFT volume, more than twice that of ordinals on Bitcoin (BTC) in 30-days
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"This development is part of Sorare’s roadmap to build an inclusive ecosystem uniting tens of millions of sports fans, and support its mission to bring these fans closer to the players, teams and leagues they love," a Sorare spokesperson told CoinDesk. "It does not impact the structure of Sorare’s core
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A nonfungible token (NFT) influencer has been served with a settlement demand via NFT – which casually dropped the "F bomb" several times – alleging that the influencer engaged in wire fraud "at a minimum," on a recent $7 million token presale.Lawyer Mike Kanovitz, a partner at Loevy & Loevy,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied DigiToads‘ code is secure following a thorough review by Coinsult, a blockchain security and audit firm. Meanwhile, pepe coin (PEPE) remains under pressure and faltering. As laws regulating crypto and the industry are being developed, the resulting
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The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 million at its conclusion on May 19.Facilitated by fine arts broker Sotheby’s, collectibles on sale included Tyler Hobbs Fidenza #725, Larva Labs Autoglyph #187 and Tyler Hobbs Fidenza #861. The highest
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